The following equation shall be used to calculate the local agency's share of the Title IV-E money received by the department each quarter of the federal fiscal year:
where:
Ai = the ith local agency's share of Title IV-E money received by the department
B = the total amount of Title IV-E money received by the department to be distributed for the quarter
Ci = the social service cost pool reported by the ith local agency during the quarter
Di = the average monthly number of IV-E eligible children on the ith local agency's caseload for the quarter
Ei = the average monthly number of children in substitute care on the ith local agency's caseload for the quarter
F = a stabilizing factor, equal to the statewide ratio of children eligible under Title IV-E to all children in substitute care, multiplied by ten
12 SR 827
October 15, 2013
Official Publication of the State of Minnesota
Revisor of Statutes